Article: Chevron wins Vietnam block.(International)(Chevron Corp. and Petroliam Nasional Bhd. jointely awarded)(Brief article)

Chevron and Malaysian state Petronas have been jointly awarded a deepwater exploration block offshore Vietnam, it was announced Tuesday.

Block 122 covers an area of nearly 7,000 sq km in Vietnam's Phu Khanh Basin, off the central coast, and is located in water depths of between 50 and 2,500 meters. Under the terms of the production sharing contract, operator Chevron and equal partner Petronas have committed to ...

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